Cosmos ATOM technical analysis

ATOM trades at $1.55, up 3.02% in 24 hours. Momentum leans bullish on the 4h timeframe with RSI14 at 62, though the 1D RSI14 of 47 and price below SMA20 on both frames temper conviction. The broader trend remains mixed, with price wedged between the SMA20 and SMA200.

Price is testing the immediate 4h resistance zone at 1.557-1.565, which has 2 touches, alongside a falling resistance trendline at ~1.56543. Below, the 4h support shelf of 1.53-1.537 with 2 touches and the dense 1.493-1.519 area with 8 touches define the battle. The 1D resistance at 1.55667-1.56133 overlaps this same congestion.

For bulls, a sustained break above 1.557-1.565 and the 1.58-1.586 zone would open the path toward 1.59368-1.59832. Bears need to defend that resistance and push price back under 1.53-1.537, targeting the 1.50867-1.51333 support, with the rising trendline at ~1.457 as the deeper floor.